Time for some geopolitical uncertainty to add to Europe’s bond yield inferno.According to AP, “France’s ambassador to Syria says the government in Paris has ordered him home in the wake of recent attacks against diplomatic missions and a crackdown by Syrian President Bashar Assad’s regime.
Ambassador Eric Chevallier said by phone Wednesday he “was aware” that he had been ordered back but declined to provide details. He deferred all questions about the reasons to the Foreign Ministry. The ministry declined immediate comment. France, Syria’s former colonial ruler, has been increasingly critical of Assad’s regime in recent weeks, urging him to step down, pressing for tough international sanctions, and meeting with opposition figures.”

If this is indeed an indication that a Syrian “liberation” is imminent look for other ambassadors to be quietly pulled. Also, look for Iran to mobilize as any invasion or air campaign against Syria will be perceive as an assault on Iran itself. Or look for “offensive” action by Syria to invoke “retaliation.” That would be precisely the false flag that the anti-Iran lobby needs to send WTI into the stratosphere. Then again it is not as if WTI needs any more reasons to surge higher today.